A bank statement issued by any bank, typically,furnishes information regarding the banking history of any customer over a period of time, say, a month. The statement covers available and existing balance, deposits, withdrawals, interest, fees, penalties and more linked to the account. This document is considered important by any individual for personal as well as business purposes. It provides values on multiple levels, like : The existing balance in any account shows it’s business feasibility. An account of deposits made in the account is a positive sign of redundancy. Reflection of withdrawals minimise illegal transactions. The measure of interest in a statement shows the ROI(return on investment) on any fund. An account of fees and penalties shows room for improvement in any scope. Bank statements are a great tool for account holders to keep a check on their money. It helps track the finances, spending habits, overdraft fees, errors and frauds of any account holder. A